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As $2 billion-plus software company Wix lays off 1,000 employees; CEO Avishai Abrahami says in memo: I am confident it is the right decision, and ...
Wix, the Israel-based website building giant is cutting around 20% of its workforce which is around 1,000 employees as part of a restructuring plan aimed at adapting to the fast evolution of artificial intelligence and currency headwinds. As reported by Business Insider, in a message to the staff shared on social media platform X (formerly known as Twitter) Wix CEO Avishai Abrahami called the decision one of the hardest he has made but insisted it was necessary.
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ynetnews.com
Wix CEO confirms massive layoffs: ‘We had no choice’
Avishai Abrahami says Wix had no choice but to cut 1,000 jobs, about 20% of its workforce, citing dollar-shekel pressure, AI restructuring and the need to flatten management
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cryptobriefing.com
Wix cuts 1,000 jobs, about 20% of workforce, as AI reshapes the website builder
Wix is cutting 1,000 jobs, about 20% of its workforce, as AI automation reduces demand for development roles and the stock slides nearly 50% in 2026.
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channelnewsasia.com
Israeli website creator Wix.com cuts 1,000 jobs, citing strong shekel and AI
JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its workforce, CEO Avishai Abrahami said on Thursday,…
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Israeli website creator Wix.com cuts 1000 jobs due to strong shekel, growth of AI
JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its workforce, or more than 1,000 workers, CEO Avishai…
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thenextweb.com
Wix cuts 20% of workforce in AI and currency restructuring
Wix lays off 1,000 employees, 20% of staff, as a strong shekel and AI competition squeeze the website builder. Stock has fallen 50% in 2026 after an earnings miss.
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g1.globo.com
Empresa de sites Wix anuncia demissão de mil funcionários | G1
CEO da companhia afirmou que a empresa precisa se tornar “mais rápida e enxuta” e apontou a valorização da moeda de Israel frente ao dólar como um dos motivos para os cortes.
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jpost.com
Wix cuts 20% of employees over USD-ILS exchange rate, AI implementation | The Jerusalem Post
According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting…
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businessinsider.com
Wix is laying off 20% of staff. Read the memo — and yes, it mentions AI.
Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.
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cnbc.com
Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut
Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced in a post on X early Thursday morning.
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qz.com
Wix layoffs 2026: company cutting 20% of workforce
The Israel-based web company is eliminating roughly 1,000 jobs as currency pressure and AI reshape its cost structure
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hindustantimes.com
‘Will be saying goodbye to many friends’: Read Wix CEO Avishai Abrahami’s memo on cutting 20% of team
Wix CEO Avishai Abrahami cited two main reasons for the workforce reduction, with AI among them.
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lrt.lt
Internetinių svetainių kūrimo bendrovė „Wix“ atleidžia penktadalį darbuotojų
Izraelio internetinių svetainių kūrimo bendrovė „Wix“ atleidžia maždaug 20 proc. savo darbuotojų, praneša cnbc.com.
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techspot.com
Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real
CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).
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timesofindia.indiatimes.com
As $2 billion-plus software company Wix lays off 1,000 employees; CEO Avishai Abrahami says in memo: I am confident it is the right…
Wix, the Israel-based website building giant is cutting around 20% of its workforce which is around 1,000 employees as part of a restructuring plan aimed at adapting to the fast…
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mashable.com
Wix cuts 1,000 employees in latest AI-fueled layoff
The cofounder and CEO shared an internal memo on X.
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fortune.com
CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. 'They've been saying that for 20…
Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.